197 Schoolhouse RoadSchoharieNY12157
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Schoharie at 197 Schoolhouse Road, Schoharie, NY, 12157 priced at $279,900 pairs $2,231/mo rent with $362/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,231/mo, and annual cash flow comes to $4,342/yr on $92,787 invested. Return on cash invested is 24.59% in year one, and rental yield stands at 9.56% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 128.58% and total cumulative return in cash reaches $119,305. For financing, Ziffy Mortgage’s DSCR program evaluates $2,231/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12157, Schoharie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,968 (100%) |
| Owner Occupied HU | 1,361 (69.2%) |
| Renter Occupied HU | 402 (20.4%) |
| Vacant Housing Units | 205 (10.4%) |
| Median Home Value | $240,027 |
| Average Home Value | $269,741 |
Housing Distribution
Address Breakdown
Residential
1,570
Single Family
1,570
Multi-Family
0
Businesses
159
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